The listing, announced on October 11, was praised for its potential to boost growth but criticized for its perceived alignment with centralized entities.

Data in an October 9 report from CoinGecko shows bankrupt crypto exchange FTX and affiliated trading firm Alameda are responsible for most of the funds, with $12.7 billion paid to the CFTC in an August settlement.

This chart highlights the strong correlation between rising global liquidity and $BITCOIN's price over recent years. As central banks increased money supply post-2020, $BITCOIN saw a significant price surge, driven excess liquidity flowing into alternative assets like crypto. With global liquidity expected to increase further in the coming months, this suggests that $BITCOIN's price may continue to be influenced broader liquidity trends.

Uniswap Labs and UNI tokenholders will benefit the most from Unichain, while ETH holders will likely see the biggest loss, says DeFi Report founder Michael Nadeau.